
Karl Marx's "Capital" Vol. 1 (Part 2/4)
Theory & Philosophy
00:00
Using Tools and the Means of Production
In the case of tools, for example, if i have a tool, let's say i have a hammer that is being used. I need to price at least one dollar to each of those chairs in order to cover the cost of the hammer. And so he says here that tools and the means of production, like a machines, don't create value. Only living labor creates value. Now with that being said, it doesn't mean that still going to pose a problem,. But it can only go so far.
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